Turkey’s Treasury Minister Announces 1 Trillion Lira Financing for Manufacturing Industry
TITLE: Turkey' s Treasury Minister Announces 1 Trillion Lira Financing for Manufacturing Industry
SUMMARY: Turkish Treasury and Finance Minister Mehmet Şimşek announced a new 1 trillion Turkish Lira (TL) financing package with favorable conditions for the manufacturing industry, following an earlier announcement by President Erdoğan.
FACTS:
Mehmet Şimşek, Minister of Treasury and Finance, made an announcement.
The announcement concerns new loans/financing for the manufacturing industry.
This follows an announcement by President Erdoğan yesterday regarding the same.
The total financing offered is 1 trillion Turkish Lira.
The financing is described as having " favorable conditions."
The target sector is the manufacturing industry.
Source: Haberglobal
